BP quarterly profit fell

Net profit of British oil company BP fell as a result of activities in the second quarter to 684 million dollars to 720 million dollars over the same period a year earlier.

Analysts had forecast a profit of $ 500 million.

Production volumes of oil and gas increased in the period under review by 9.9% to 2.4 million barrels of oil equivalent per day.

After the publication of quarterly reports in the course of trading on premarket the company’s shares rose 3.5%.

BP quarterly profit fell 01.08.2017

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